N v The Royal Bank of Scotland Plc [2019] EWHC 1770 (Comm)
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N v The Royal Bank of Scotland Plc [2019] EWHC 1770 (Comm)
A bank, suspecting money laundering, was entitled to close the accounts of its customer, a money service business (MSB), without notice. A secondary claim in negligence failed. ‘[The] interests and reputation of N and of the Bank are only part of the picture. The wider, public, interests of the prevention of crime and the protection of the victims of crime are a further crucial part of the picture.
See here.
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